Cash Out Re-Finance Question

[Jake Peetz]

This is my first BRRRR deal. I am getting 10k more back than I put into the home after all expenses and costs. The only issue, if it is one, is that I am going from $600 cash flow per month to now $50 per month after all expenses.

I am an avid Bigger Pockets listener and reader and I am fired up about a small but 'infinite' cash-on-cash return - just wanted to check with anyone willing to share if they have had similar experiences and how you have handled them and any feedback.

I plan on using the money to pay off a HELOC I used to rehab my primary home and keep cash for the next deal. The cash flow is great but this is a for the future venture for me and not my primary job so the cash flow is not critical at this point.

Any thoughts or feedback are greatly appreciated.  Being new to this, I feel I have already learned a lot from people here and greatly appreciate you all.

[Anthony Wick]

@Jake Peetz

Why not just refinance for less, so as to have a little more cushion on cash flow? Nobody says you have to borrow as much as you can.